Sources: Visa Europe members to discuss sale to Visa Inc, WSJ reports

theflyonthewall.com

According to people familiar with the matter, Visa Europe will hold a board meeting in April to discuss whether the group will exercise its option to sell the business to Visa Inc (V) and set up a rival system in Europe, the Wall Street Journal reports. Visa Europe is owned by European banks and is a separate entity from Visa Inc. In a sale, the business could be valued at about $3B, one source says.

Rates

View Comments (0)